Coldwell Banker Realty
Call Sacha

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$142,142$142,142$278,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$135,958$0
Funding fee$0$0$0
Note rate3.560%3.560%7.320%
Blended rate4.410%6.165%7.560%
1st payment$751.52$751.52$1,910.35
2nd payment$0.00$906.39$0.00
Taxes / mo$39.42$39.42$39.42
Insurance / mo$150.00$150.00$150.00
MI / mo$117.67$117.67$55.62
HOA / mo$335.00$335.00$335.00
Total monthly$1,393.60$2,299.99$2,490.39
Cash to close$166,858$30,900$30,900